1407, Park Gate Residences 2
Sold prices and rental history: sold once, by the developer in October 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1407, Park Gate Residences 2
What is 1407 worth today?
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Source: Dubai Land Department. Updated 9 October 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 987 sqft
- Floor
- 14th of 20
- Parking
- AB1-030
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 1.79M · October 2023
- Building
- Park Gate Residences 2
About 1407, Park Gate Residences 2
1407 is a one-bedroom apartment of 987 sqft on the 14th floor of Park Gate Residences 2, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 9 October 2023 for AED 1,791,777, or AED 1,814 per sqft, 5% above the AED 1,726 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1407 over time
1407 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Park Gate Residences 2, and where 1407 sits
All 34 1-beds →1407 last sold in October 2023 at AED 1,814 per sqft, 5% above what one-beds in Park Gate Residences 2 were fetching at the time (AED 1,726). Over the last 12 months one-beds sold for AED 1,650,000 to 2,200,000, around AED 1,823 per sqft, and rent for AED 80,000 to 136,000 a year.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Aug 202621 August 2026 | 994 sqft | 2,200,000 | 2,212 | ||
| 9 Jul 20269 July 2026 | 987 sqft | 1,650,000 | 1,671 | ||
| 17 Dec 202517 December 2025 | 987 sqft | 1,800,000 | 1,823 | ||
| 26 Jun 202526 June 2025 | 992 sqft | 1,940,000 | 1,955 |
Park Gate Residences 2
Building163 apartments, 1-bed to 4-bed over 20 floors in Al Kifaf, completed in 2020 by Wasl. 12 sold in the last 12 months.
- Typical price per sqft
- AED 1,840 Up 3.5%
- Typical sale
- AED 2.83M
- Typical rent
- AED 148K /yr
- Typical yield
- 5.2%
Other units on the 14th floor
All 163 units in Park Gate Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 2-bed | 1,571 sqft | AED 2.6MAED 2,596,777 · Aug 2020August 2020 | ||
| 1402 | 1-bed | 994 sqft | AED 1.86MAED 1,860,777 · Apr 2022April 2022 | ||
| 1403 | 2-bed | 1,571 sqft | AED 3.15MAED 3,145,777 · Jan 2024January 2024 | ||
| 1404 | 2-bed | 1,548 sqft | AED 2.11MAED 2,108,777 · Oct 2021October 2021 | 170,000 /yr | |
| 1405 | 2-bed | 1,617 sqft | AED 3.12MAED 3,115,000 · Feb 2026February 2026 | 186,555 /yr | |
| 1406 | 2-bed | 1,631 sqft | AED 2.65MAED 2,650,000 · Nov 2024November 2024 | 142,000 /yr | |
| 1408 | 2-bed | 1,632 sqft | AED 2.25MAED 2,247,507 · Aug 2022August 2022 | 155,000 /yr | |
| 1409 | 2-bed | 1,616 sqft | AED 3MAED 3,000,000 · Apr 2026April 2026 | ||
| 1410 | 2-bed | 1,549 sqft | AED 2MAED 2,004,777 · Feb 2020February 2020 | 160,000 /yr |
1407, Park Gate Residences 2 in numbers
- Sold once: by Wasl on 9 October 2023 for AED 1,791,777, or AED 1,814 per sqft.
- One-beds in Park Gate Residences 2 sold for AED 1,650,000–2,200,000 in the 12 months to November 2026; the building's median across all types is AED 1,840 per sqft.
Source: Dubai Land Department. Updated 9 October 2023.
Questions about 1407, Park Gate Residences 2
What did unit 1407 last sell for?
AED 1,791,777 on 9 October 2023, sold by the developer: AED 1,814 per sqft for 987 sqft. It is the only registered sale of the unit.
How big is unit 1407?
987 sqft (91.7 sqm): a one-bedroom apartment on the 14th floor of a 20-storey tower completed in 2020.
What is unit 1407 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Park Gate Residences 2 sold for AED 1,650,000 to 2,200,000 in the last 12 months, around AED 1,823 per sqft.
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Mortgage on 1407, Park Gate Residences 2
Starts from the last sale price (AED 1.79M, 9 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,791,777
- Deposit, UAE resident (20%)
- AED 358,355
- Deposit, non-resident (40%)
- AED 716,711
- Monthly over 25 years at 3.7%
- AED 7,331
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →